New Delhi, May 13 -- Swiggy share price fell sharply on Tuesday, declining over 7% to a record low amid heavy trading volumes, as the mandatory lock-in period for pre-IPO investors ended in the previous session. Swiggy shares plunged as much as 7.33% to their lowest level of Rs.297 apiece on the BSE.

Swiggy shares came under selling pressure following the expiry of the six-month lock-in period for non-promoter, pre-IPO shareholders on May 12, 2025. Following this, approximately 189.75 crore equity shares - accounting for nearly 83% of Swiggy's total shareholding - became eligible for trading on May 13.

The total value of locked-in shares of Swiggy was estimated at around Rs.62,000 crore.

Trading activity in Swiggy shares surged signifi...